The years prior to 1929 were affluent and optimistic; there was a general belief that stock markets would continue to grow indefinitely, and speculation was rampant. Nevertheless, this was not the case, and a great economic crash occurred in October 29, 1929, also known as Black Tuesday. Billions of dollars were lost. It marked the beginning of the great economic downfall known as “The Great Depression”, that lasted until 1939.The president of the United States, Franklin D. Roosevelt, created multiple agencies and promoted public policies to address the problem of poverty and unemployment. To sum up, there was an initial era of total deregulation (the 20s), followed by a great economic depression, which led to interventionist policies and the final recovery of the American economy.
Slavery and royal rivalries. In the following decades, the Kingdom of Kongo became a major source of slaves for Portuguese traders and other European powers. ... A common characteristic of political life in the kingdom of Kongo was fierce competition over succession to the throne.
The Kongo king played a primary role in the highly centralized political and social structures. He retained the right to appoint and remove officials, but his authority was checked by the council of elders and the traditional rights of clan chiefs.
Americans became more open and welcoming to immigrants -Apex
As of right now There are currently seven countries in Central America: Guatemala, Belize, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama.
<span>As workers grew tired of toiling for the benefit of capitalists instead of for themselves, some of them banded together to form the first national labor union, the knights of labor, in 1869.</span>
